192. When bankruptcy of agent terminates agency.

192.     When bankruptcy of agent terminates agency.

The bankruptcy of an agent will not as a matter of law terminate the authority of the agent; whether it does so terminate is a question of fact which will depend upon the construction of the agreement1. It will not do so where the bankruptcy does not make the agent less fit and competent for the proper performance of his duties2, or where the act he is authorised to do is merely a formal one3. The effect of the agent ceasing to trade is not to